DAVID OIKLE

BROKER

2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4

$999,000

ID# 1402831
Welcome to this wonderfully designed LEGAL SDU home that maximizes your returns at a 6.9% CAP when self-managed. Each unit has 4 bedrooms and 3 bathrooms (2 ensuites and 1 shared), as well as laundry, allowing for comfort and convenience for its residents. Not only was the interior fully renovated in 2021 with permits, but the home's main systems were upgraded as well including roof, mechanicals, electrical, plumbing, flooring, windows, and bathrooms, offering a fresh and contemporary feel throughout. Located in Parkway Park, this home provides easy access to transit, trails, parks, major stores, top-rated schools, restaurants, and Algonquin College. This prime location ensures all your needs are met within a short distance. With a gross income of $81,564, and low expenses of $14535 (utilities, insurance, prop tax and snow removal) for an NOI of $67329, the investment opportunity at 2300 Elmira is undeniable as it provides some of the best returns you can find in the city. (id:25961)

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General Inquiry
Courtesy of RE/MAX HALLMARK REALTY GROUP
Listed on: July 16, 2024

On market: 114 days
Year Built 1961
Cooling Type Central air conditioning
Flooring Type Vinyl
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 1

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Address Price Bed Bath SqFt Area Sub Area Brokerage
4020 CANYON WALK DRIVE Ottawa
4020 CANYON WALK DRIVE
 $849,000 4 4 34.09 ft X 104.99 ft Ottawa Riverside South SUTTON GROUP - OTTAWA REALTY
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300 MCRAE AVENUE UNIT111
 $3,535 2 3 * ft X * ft Ottawa WESTBORO DIGI BROKERAGE
33 CRISPIN PRIVATE Ottawa
33 CRISPIN PRIVATE
 $449,999 3 2 Ottawa Manor Park FIRST CHOICE REALTY ONTARIO LTD.
8316 CORLYON STREET Ottawa
8316 CORLYON STREET
 $729,900 3 2 120 ft X 150 ft Ottawa Metcalfe INNOVATION REALTY LTD.
1326 KINGSTON AVENUE Ottawa
1326 KINGSTON AVENUE
 $1,199,900 5 4 33.99 ft X 96.19 ft Ottawa Backing on Experimental Farm RE/MAX HALLMARK REALTY GROUP
148 PASEO PRIVATE Ottawa
148 PASEO PRIVATE
 $459,900 2 3 Ottawa Centrepointe THE REPS BROKERAGE
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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